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3M India gets approval of borrowings up to Rs 200 crore

30 May 2011 Evaluate

3M India has received an approval of borrowings up to Rs 200 crore for expansion programme. The company has received an approval at its board meeting held on May 28, 2011.

Recently, 3M India’s board had approved an investment of Rs 70 core towards expansion of manufacturing facility at Ranjangaon for Non-woven maker project, which needs to be executed during the calendar years 2011 and 2012. The company’s board of directors at their meeting held on April 20, 2011 had approved the same.

3M is fundamentally a science-based company. The company produces thousands of imaginative products, and is a leader in scores of markets - from health care and highway safety to office products and abrasives and adhesives.

3M India Share Price

32206.45 657.90 (2.09%)
22-Apr-2026 13:29 View Price Chart
Peers
Company Name CMP
Grasim Industries 2773.25
DCM Shriram 1196.00
3M India 32206.45
Hindustan Foods 494.65
Balmer Lawrie & Co 177.85
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